Ericsson and Chinese Academy of Information and Communications Technology (CAICT) announced the signing of a memorandum of understanding (MoU) to launch joint research and development of 5G, the next generation of mobile technologies.

The latest edition of the Ericsson Mobility Report, a comprehensive update on mobile trends leveraging big data from live networks worldwide, reveals that proliferation of mobile technology continues at a rapid pace: 90 percent of the world's population over six years old is predicted to have a mobile phone by 2020.

Ericsson and IBM announced a collaboration to jointly research phased-array antenna designs for 5G, allowing networks to provide customers with data speeds orders of magnitude faster than what is available currently.